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Jun 13, 2011
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brazil, russia, india, and china. they now account for 45% of the world's population, a quarter of the land mass, and about a quarter of global economic output. so where does indonesia fit into all this? >> well h it's a member of the other club, the n-11 or next 11 which are countries with brit-like qualities. do they deserve a position at the top table. we put that question to them. thank should. they've got the growth potential an economy that can grow faster than it is now. would say it is. it accounts for 80% of the growth. >> definitely, yes. stan carter has just assured a report where he states they'll be ahead of the world by 2030. >> certainly there's a lot of support here in indonesia. let's now take a look at some of the numbers. in sheer economic size, indonesia has a long way to go. china is still the big beast of the brics weighing in at a 5.1 trillion indonesia is still less than half of russia at less than $7 billion. the growth is 6.4% this year and rising compared to the similar rise of the brics. an
brazil, russia, india, and china. they now account for 45% of the world's population, a quarter of the land mass, and about a quarter of global economic output. so where does indonesia fit into all this? >> well h it's a member of the other club, the n-11 or next 11 which are countries with brit-like qualities. do they deserve a position at the top table. we put that question to them. thank should. they've got the growth potential an economy that can grow faster than it is now. would say...
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Jul 15, 2011
07/11
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>> with so many country, we have chinese, malaysia, india, we will not be selective. the people would want to be happy. can hes are not good flighting resources. no reason why we can allow one to monopolize the resources. we want many companies to come in. >> waef been seeing the cues for fuel. as a potential investor coming in, that is possibly something that could be quite worrying that at any point because you're still importing your fuel from the north because you tonight have refining capacities here that this could impact potential for property development. >> that's a serious problem. and it is part of it, but we wanted to maintain with the north because what happened here, they were built during a time when sudan was at war. now the war is over, we want a small refinery to be built in south sudan. and while we're working to build those refinery, we want our border to be open. >> you seem to be taking a two pronged approach to this. china is already the largest investor in your oil sector, but you also you seem to be targeting the arab world quite heavily, as w
>> with so many country, we have chinese, malaysia, india, we will not be selective. the people would want to be happy. can hes are not good flighting resources. no reason why we can allow one to monopolize the resources. we want many companies to come in. >> waef been seeing the cues for fuel. as a potential investor coming in, that is possibly something that could be quite worrying that at any point because you're still importing your fuel from the north because you tonight have...
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but growth has its limits in india. the airlines contend with some of the world's highest fuel taxes and infrastructure and the bureaucracy. >> we have to contend with 58 government departments. during that period we had to contend with a hundred court cases to take care of encroachments in this area. >> reporter: he is head of business integration for gmr group which belt delhi's newest airline terminal at a cost of $1.3 billion. he said they got the job done on time despite the roadblocks. >> i would say that, you know, the country over the years has learned the art of welcoming them. >> reporter: he says in the next decade india will need three times the airports it has today. since it doesn't have enough skilled labor or pilots to fly the planes, people with the right skills in developed nations with wilting economies may want to look east for new opportunities. sarah siden, east new delhi. >>> southwest airlines found cracks in three more of its airplanes over the weekend. it grounded all 79 of its 737 boths after
but growth has its limits in india. the airlines contend with some of the world's highest fuel taxes and infrastructure and the bureaucracy. >> we have to contend with 58 government departments. during that period we had to contend with a hundred court cases to take care of encroachments in this area. >> reporter: he is head of business integration for gmr group which belt delhi's newest airline terminal at a cost of $1.3 billion. he said they got the job done on time despite the...
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Jun 16, 2011
06/11
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inflation is an important factor in india. a portion of governments rely on inflation, particularly food items. it is predictable that the rbi will take this course. but to be honest about it, the interest inflation in india has proved to be insensitive to inflation interest rate hikes. inflation is going up as interest rates are going up. so we have to take a supply side management approach for inflation control. that possibly would yield better results. it is difficult, no doubt, but maybe in the meantime that is the approach we have to adopt ultima ultimately. >> thanks ever so much for coming on cnn today. >>> now, you're watching "world business today." up next, andrew stevens heads to the house of jakarta for a look at the downside of the kmeconom. we'll be right back. >>> from cnn london, i'm nina dos santos and this is "world business today." all this week we've been exploring the rapid growth rate of indonesia, a country of some 240 million people which by some accounts could become the world's fifth largest economy b
inflation is an important factor in india. a portion of governments rely on inflation, particularly food items. it is predictable that the rbi will take this course. but to be honest about it, the interest inflation in india has proved to be insensitive to inflation interest rate hikes. inflation is going up as interest rates are going up. so we have to take a supply side management approach for inflation control. that possibly would yield better results. it is difficult, no doubt, but maybe in...
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Jun 14, 2011
06/11
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the loss in the united states is offreceive by emerging markets like india and brazil. let's go to another kind of web. the most famous arachnid ever as he makes his debut. tuesday is opening night for spider-man turn off the dark. the rock musical made plenty of news thanks to its various setbacks. ♪ >> spider-man turn off the dark with rise above devastating reviews, headline-grabbing injuries and jokes by late night comedians. >> they made a musical about spider-man. >> this man will get much of the credit. spider-man director philip william mckinley was hired to salvage the show four months ago. >> they said i'm either the bravest or stupidest man in new york. >> as stuntmen flew overhead, mckinley said he took the job in large part because of the commitment of the spider-man team. >> some information they gave me and just reading what the cast have gone through i knew they had the dedication, the creativity and formidablity. >> they certainly have the creative experience for the job. but despite an extensive rewrite of the show, the new music by the bono and the
the loss in the united states is offreceive by emerging markets like india and brazil. let's go to another kind of web. the most famous arachnid ever as he makes his debut. tuesday is opening night for spider-man turn off the dark. the rock musical made plenty of news thanks to its various setbacks. ♪ >> spider-man turn off the dark with rise above devastating reviews, headline-grabbing injuries and jokes by late night comedians. >> they made a musical about spider-man. >>...
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May 30, 2011
05/11
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consumers in india's booming auto markets are flocking to the cheaper fuel. >> reporter: india is motorizing rapidly. last year more than 2.5 million cars were sold here. a 20% increase in sales compared to the year before. businessman depak is adding to the fleet. he's among an increasing number of customers buying diesel powered cars because gasoline prices are shooting up. >> gasoline prices are going up. it's almost double than the diesel prices. >> reporter: the difference is largely because of price controls on diesel. the fuel is widely used in freight transport, agriculture and power generation. industry leaders accept fuel pricing is playing a role. >> i believe the ratio has increased in the last one year at least by 10%. the gap between diesel and petrol is high. i don't think customers should look at only this gap. this gap might narrow down tomorrow. this gap is driving customer to buy diesel driven vehicles. >> reporter: environmentalists fear health risks will rise. >> change in dieselization of cars is really scary. in absolute numbers the diesel car numbers are still lower t
consumers in india's booming auto markets are flocking to the cheaper fuel. >> reporter: india is motorizing rapidly. last year more than 2.5 million cars were sold here. a 20% increase in sales compared to the year before. businessman depak is adding to the fleet. he's among an increasing number of customers buying diesel powered cars because gasoline prices are shooting up. >> gasoline prices are going up. it's almost double than the diesel prices. >> reporter: the...
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Aug 17, 2011
08/11
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anna hazare is one of india's most vocal accidents. demonstrators chanted anti-corruption slogans and waved signs supporting hara rhee. he was arrested tuesday morning to push for new andy grift laws. authorities represented about 13 0 has czar rhee followers. he and seven colleagues are refusing to leave prison until the government al agrees to allow them to hold a hunger strike. >>> corruption has long been a problem in india. transparency international's index of perceived corruption ranks india 87th out of 178 surveyed. in the 2010 report it found three of four urban indians say corruption has increased over the past three years. just 10% say corruption is decreasing. >> well, elsewhere in india protesters are lashing out, andrew, at something else. they say the government has forced landowners and farmers to sign over their land. some of the land has found its way into the hands of private developers. >> reporter: in western india cameras roll as a protest by farmers turns deadly. at least three protesters are shot and killed by p
anna hazare is one of india's most vocal accidents. demonstrators chanted anti-corruption slogans and waved signs supporting hara rhee. he was arrested tuesday morning to push for new andy grift laws. authorities represented about 13 0 has czar rhee followers. he and seven colleagues are refusing to leave prison until the government al agrees to allow them to hold a hunger strike. >>> corruption has long been a problem in india. transparency international's index of perceived...
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Jun 29, 2011
06/11
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china, india, brazil, and russia. they duly lined up to lend their support to the french finance minister. but what a difference a few weeks make. when dominic strauss-kahn was forced to step aside to fight sexual assault charges in may, the emerging member powers made it quite clear it was time to break with tradition, the tradition of automatically appointing a european for the top job. the candidates were selected solely on merit. but that's where their campaign ran out of steam. they didn't put forward their own consensus candidate to challenge the euro-zone's favorite, christine lagarde. mexico's governor did throw his hat into the ring but he lacked support. in the end, only australia and canada got behind karstens. in the days leading up to the decision, china, india, and brazil all announced their support. but india has put her on notice. following ms. lagarde's appointment, he advised her that, quote, that emerging economies have a greater voice in the decision-making processes of the imf. there may still be
china, india, brazil, and russia. they duly lined up to lend their support to the french finance minister. but what a difference a few weeks make. when dominic strauss-kahn was forced to step aside to fight sexual assault charges in may, the emerging member powers made it quite clear it was time to break with tradition, the tradition of automatically appointing a european for the top job. the candidates were selected solely on merit. but that's where their campaign ran out of steam. they didn't...
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Sep 27, 2011
09/11
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in india, the big one is food. they're given food rations if they live below the poverty line, live below a certain level. they're given more food aration. you have to understand how important this is. if the poverty line is 64 cents per day, what that means to people making for example 66 cents per day. that would do to make the ends meet, even being able to eat. this is a big issue here and will become a bigger issue if in fact, it's implemented in the legislation. again, it has not been. now, there is talk in the government that maybe the numbers need to change. charles? >> okay. sara sidner, joining us there live from new delhi. many thanks to you. we're going to take a break and we'll be back with more news and a check on the market in a moment. instead of getting to know you they simply assign you a number. aviva is here to change all that. we're bringing humanity back to insurance and putting people before policies. aviva life insurance and annuities. we are building insurance around you. financial advise is
in india, the big one is food. they're given food rations if they live below the poverty line, live below a certain level. they're given more food aration. you have to understand how important this is. if the poverty line is 64 cents per day, what that means to people making for example 66 cents per day. that would do to make the ends meet, even being able to eat. this is a big issue here and will become a bigger issue if in fact, it's implemented in the legislation. again, it has not been....
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Nov 14, 2011
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the owner of kingfisher, the biggest selling beer in india. he's been expanding aggressively, aquirg the scottish whiskey whyte & mackay in a high-profile deal in 2007. he used the kingfisher beer brand to launch kingfisher airlines. the airline has tried to appeal with premium services on domestic and international roots as we heard from mallika and certainly vijay himself is never far from the sport. he's known for his forets into sports and politics. he is a member of the indian parliament. he also owns the force india formula one racing team as well as a cricket franchise in the indian premiere league. a lot of people around the world will be dealing with how he deals with this kingfisher problem very closely, charles. >> indeed. >>> most of the world is fretting about the recession. that is not the case at the dubai air show. who need imagine... one scooter or power chair that could improve your mobility and your life. one medicare benefit that, with private insurance, may entitle you to pay little to nothing to own it. one company that c
the owner of kingfisher, the biggest selling beer in india. he's been expanding aggressively, aquirg the scottish whiskey whyte & mackay in a high-profile deal in 2007. he used the kingfisher beer brand to launch kingfisher airlines. the airline has tried to appeal with premium services on domestic and international roots as we heard from mallika and certainly vijay himself is never far from the sport. he's known for his forets into sports and politics. he is a member of the indian...
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we'll hear from india and china. >>> and going inside interpol. how the top police body has been attracting investment. >>> well, a look at the european stock markets open for 62 minutes now. and they started the week lower on concerns over the unrest in libya. we've got that subsequent spike in oil prices. so we are seeing a little bit of money coming off the table. not that much, actually, by comparison with what i suspect has been going on in asia. but all of the old problems are back to haunt us. but it's so surprising, really, that london is down by as little as it is. as for paris, off by about 1/5 of a percent. lvmh has anonounced plan to tak over in a $5.2 billion deal. and that has sent the luxury fashion company shares down almost 1%. there is actually a premium here to the price. and bulgari shares have shot up by 60%. the 50.4% owned by the bulgari family is being sold to lvmh and the current ceo of bulgari will remain on or will move to the board of lvmh. >>> now, let's have a quick look at the greek economy. we've got news there from
we'll hear from india and china. >>> and going inside interpol. how the top police body has been attracting investment. >>> well, a look at the european stock markets open for 62 minutes now. and they started the week lower on concerns over the unrest in libya. we've got that subsequent spike in oil prices. so we are seeing a little bit of money coming off the table. not that much, actually, by comparison with what i suspect has been going on in asia. but all of the old...
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Dec 8, 2011
12/11
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>> reporter: with india and pakistan? >> if you ask this question to the photographer, see, they came up with the idea -- >> reporter: but you went along with it. >> they came up with the idea and we did not discuss whether people will talk about it or not talk about it. >> reporter: in pakistan and india lots of people are talking about what did or didn't happen, getting the actress and magazine more attention than they ever dreamed and perhaps that was the point. sara sidner, cnn, mumbai. >>> up next on "world business today" -- >> it is the christmas buying season. what many people don't remember is that currency fluctuations have an effect on retailers and that could be a problem when it comes to profits. we'll meet one man who will tell us exactly what that means. a® n. removes 99% of dirt and toxins without dyes, parabens or harsh sulfates. so skin feels pure and healthy. [ female announcer ] from neutrogena® naturals. >>> welcome back. the euro has been trading pretty flat against the dollar for most of the day.
>> reporter: with india and pakistan? >> if you ask this question to the photographer, see, they came up with the idea -- >> reporter: but you went along with it. >> they came up with the idea and we did not discuss whether people will talk about it or not talk about it. >> reporter: in pakistan and india lots of people are talking about what did or didn't happen, getting the actress and magazine more attention than they ever dreamed and perhaps that was the point....
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May 17, 2011
05/11
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he served the finance and economy ministries in india. one of the early candidates or favorites for the job is gordon brown, chancellor for ten years under tony blair. he often says he wants the top job but does lack the backing of the current prime minister, david cameron. one of the favorites is this lady, christine lagarde. she's from the same country as strauss-kahn himself. as you were saying, andrew, france has often giveren the imf a number of managing directors. she's also the first female to hold various positions. first female to be the finance minister for a g8 nation. she's also renowned lawyer, spent many years in the united states. she was the former chairman of baker mckinzy, first woman to hold that position. she's even interned on capitol hill. she could be one of the favorites as well. >> it is very important to note, obviously, the top job at the international monetary fund has always been held by a european. you're mentioning christine lagarde. of the ten imf bosses since the fund was created in 1944, four have come fr
he served the finance and economy ministries in india. one of the early candidates or favorites for the job is gordon brown, chancellor for ten years under tony blair. he often says he wants the top job but does lack the backing of the current prime minister, david cameron. one of the favorites is this lady, christine lagarde. she's from the same country as strauss-kahn himself. as you were saying, andrew, france has often giveren the imf a number of managing directors. she's also the first...
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let me show you what's handing on india down. retailers among the worst performers ahead of an announcement this wednesday on plans to bring foreign supermarkets into the country. a key government ally now says that legislation allowing the retail reform will be put on hold as protests against measu e measures spread. this u-turn could put pressure on the prime minister who is overseeing slowing economic growth there india crucial to singh's leadership and some say he's not acting quickly enough and haven't dealt properly with the scandals that racked his administration. 4$450 billion industry letting foreign investors in will be another black market internationally for him because a lot of people looking at investing in india are going to start can we trust his government to deliver on what it stated originally was attempts to try to open up the market to more international competition. >> it is a very, very exciting market, isn't it, india and all of us hope we could see rapid growth and everyone wants to be involved. the histo
let me show you what's handing on india down. retailers among the worst performers ahead of an announcement this wednesday on plans to bring foreign supermarkets into the country. a key government ally now says that legislation allowing the retail reform will be put on hold as protests against measu e measures spread. this u-turn could put pressure on the prime minister who is overseeing slowing economic growth there india crucial to singh's leadership and some say he's not acting quickly...
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Jun 17, 2011
06/11
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now, maybe in two or three years, wide consumption in china and india go out. threaten would be some lack of new production. they may take a different decision. >> but there is capacity here. you believe in the 4 million barrels of capacity that's within opec today. >> yes. these 4 million barrels a day capacity and iraq as a potential. we are are part of it birk the way. >> finally the last 20 seconds of it here, libya, you're a big producer before. when do you think you can go back in in a large-scale way? >> well, i'm really actively optimistic. i think now is a question of a few weeks that the whole thing should be sorted out. how it will be sorted out, that's another question for which i have no answer, but i'm not expecting that the regime of gadhafi might stay many months more in power. >> okay. it's nice to see you again. once again, paolo scarloni. let's go back to nina. >> we're talking about the na buco pipeline that links the gas lines between turkey. to some extent is what's going on in greece currently overshadowing what's going on in st. peet ete
now, maybe in two or three years, wide consumption in china and india go out. threaten would be some lack of new production. they may take a different decision. >> but there is capacity here. you believe in the 4 million barrels of capacity that's within opec today. >> yes. these 4 million barrels a day capacity and iraq as a potential. we are are part of it birk the way. >> finally the last 20 seconds of it here, libya, you're a big producer before. when do you think you can...
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. >>> time now to introduce you to a doctor in india applying economics to medical science and saving people's lives. this week our eye is on india and in a country of more than a billion people, there's plenty of scope for economies of scale. that made all the difference to one special little heart patient. as malika discovered. >> reporter: 2-year-old shila is recovering from open heart surgery. a poor farmer, her father traveled 500 kilometers in a bush to bring his baby to this hospital, run by the doctor to for years treated mother teresa. shilo was treated for free. >> less than 8% of the world's population can afford heart operation. this is ridiculous. something has to be done. >> your reports are looking good. >> reporter: shetty is doing something about it. this, he says, helps to subsidize the same operation for those who have no health care insurance and can't afford it. >> i earn $40 a month, says shilo's father. there's no way i could have paid for this myself. the average price of heart surgery at this hospital works out to $2,000. a fraction of what it costs in other p
. >>> time now to introduce you to a doctor in india applying economics to medical science and saving people's lives. this week our eye is on india and in a country of more than a billion people, there's plenty of scope for economies of scale. that made all the difference to one special little heart patient. as malika discovered. >> reporter: 2-year-old shila is recovering from open heart surgery. a poor farmer, her father traveled 500 kilometers in a bush to bring his baby to...
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Sep 20, 2011
09/11
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they targeted india's growing middle class. interest in it has fallen well short of its expectations and the carmaker only sold 1,200 nanos down 85% from august 2010. >>> well, turning back to asia. 400,000 people in the japanese city of nagoya have been urged to evacuate their homes as a powerful typhoon emerges. good morning, jen. >> we are talking about the tie phone there pulling away from 300 kilometers away from the pain island. you can see it's spread nothing southern and western parts of japan. you can really see that eye very well formed. more of this will be lifting through. we're also see winds increasing for areas including that southern area and western part of japan. right now the wins at 176 kp owe have have down over the last advisory. it's going to make landfall it looks like within 24 hours talking about wednesday morning, a midday local time with winds roughly right at 139 kilometers then continue to push up off towards the northeast. to give you an idea where we're thinking, osaka and this graph will put it
they targeted india's growing middle class. interest in it has fallen well short of its expectations and the carmaker only sold 1,200 nanos down 85% from august 2010. >>> well, turning back to asia. 400,000 people in the japanese city of nagoya have been urged to evacuate their homes as a powerful typhoon emerges. good morning, jen. >> we are talking about the tie phone there pulling away from 300 kilometers away from the pain island. you can see it's spread nothing southern and...
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Sep 16, 2011
09/11
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it's something india has to deal with. you need the rain for agriculture and to help wipe out the dust in the city but it can cause a bit of a problem. but monsoon season is just about over here. >> thanks so much. sara sidner in new delhi. >>> let's stay with the region now and tell you about more flooding in pakistan. the river has burst its banks leaving many hectares under water. good morning to you, i'ven. >> good morning. it looks like essentially a big lake, not a river here across pakistan. unfortunately we had the same problem last year. and sara's point there as well which mentioned the monson retreating, it's not retreated. it's late in retreating. we're still raining on top of these folks. we take you back to september of 2009. i can't take you back to last year because last year we had unbelievable flooding here as well. this is the way it's supposed to look. this is the river flowing down to the south. take a look at what happens when i forward this into motion. you can see it's just engorged here. of course,
it's something india has to deal with. you need the rain for agriculture and to help wipe out the dust in the city but it can cause a bit of a problem. but monsoon season is just about over here. >> thanks so much. sara sidner in new delhi. >>> let's stay with the region now and tell you about more flooding in pakistan. the river has burst its banks leaving many hectares under water. good morning to you, i'ven. >> good morning. it looks like essentially a big lake, not a...
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Dec 1, 2011
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india, on the other hand, is second place there with about 21%. and then we see next in the line coming china and also japan. in 2010, myanmar exported about $8.5 billion worth of goods. that does not include products that are smuggled across its borders into thailand, china and also bangladesh. >> certainly myanmar is keen to expand trade relations with particularly the u.s. and europe as well. for a closer look now at the economic picture in myanmar and how it might change after the clinton visit, we're joined by paula hancocks who joins us from the biggest city and the former capital yan gan. describe form us the level of economic development there. we've seen southeast asia generally surging ahead. myanmar obviously left behind. how far behind has it been left? >> reporter: andrew, the first thing that actually strikes you when you get to the airport is the fact that all the signs are in english, even though this could be one of the most isolated countries in the world, it is already opening up in that respect. yangon was the capital for many
india, on the other hand, is second place there with about 21%. and then we see next in the line coming china and also japan. in 2010, myanmar exported about $8.5 billion worth of goods. that does not include products that are smuggled across its borders into thailand, china and also bangladesh. >> certainly myanmar is keen to expand trade relations with particularly the u.s. and europe as well. for a closer look now at the economic picture in myanmar and how it might change after the...
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Dec 7, 2011
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. >> india shelves plans to open up its supermarket sector. >>> and the immaculate rejection, ebay auction for a date with the virgin mary. >>> this very wednesday word is out that they're ready to use all they can to add to their arsenal in the brand new form of perhaps a new fund. stock markets right around the world are armed with quite a bit more confidence this wednesday and much more confidence indeed, andrew, than there were at this time yesterday. >> yes, certainly that's true, isn't it? the ratings agencies, nina, haven't yet pulled out the big guns on the existing esff. on tuesday, standard "a" poors fired a warning shot as doubts over the individual euro zone government debt raised the collective bailout fund has already been put on credit watch. we've heard repeatedly that more firepower is needed and the u.s. reportedly is ready to bring out the bazooka. wednesday's financial times reports that leaders have a three-pronged plan of attack. now, the current efsf is valued at $440 billion and that will keep on running and may in fact be topped up. if you look at what happens then
. >> india shelves plans to open up its supermarket sector. >>> and the immaculate rejection, ebay auction for a date with the virgin mary. >>> this very wednesday word is out that they're ready to use all they can to add to their arsenal in the brand new form of perhaps a new fund. stock markets right around the world are armed with quite a bit more confidence this wednesday and much more confidence indeed, andrew, than there were at this time yesterday. >> yes,...
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still trading in india, but that's the picture of how it looked today, mainly down. the biggest loser, 2% for the second day running. the nikkei reversing earlier gains. both those indices down amid the renewed concerns about europe's sovereign debt issues. that's after italy's credit rating was downgraded by three notches to a-2 by moody's. as i said, the sensex in mumbai still trading at this hour, down just a fraction. and the main aussie benchmark gaining almost 1.5%. resource stocks getting a boost as commodity prices rose. it wasn't just the resource stocks getting a boost, though. the much hit retail showing signs of life. it does show that australians are opening up their wallets just a little more than expected. retail sales up by more than forecast in august to .6%. it matches the earlier month and comes off june where you saw a contraction in retail spending here. well ahead of analysts' expectations, this latest number. they're expecting it to rise 0.2%. the rise came as australians spent more on household goods as well as eating and drinking out. nina. >
still trading in india, but that's the picture of how it looked today, mainly down. the biggest loser, 2% for the second day running. the nikkei reversing earlier gains. both those indices down amid the renewed concerns about europe's sovereign debt issues. that's after italy's credit rating was downgraded by three notches to a-2 by moody's. as i said, the sensex in mumbai still trading at this hour, down just a fraction. and the main aussie benchmark gaining almost 1.5%. resource stocks...
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educated women across brazil, russia, india and china, the so-called brick nations make up 30% to 50% of the total labor force in those places and also in some of these countries such as brazil, india, china and the united arab emirates, from 75% of women aspire to hold a top job. data show that currently 12% of board members at u.s. biggest firms are women and make 07 cents on the dollar compared to what men earn. in nigeria, some women are taking control of their futures in what we could call an unlikely field. cnn visited the garage where these women are gaining skills to drive their own success. >> the automotive mechanic initiative is empowering women toward a profession for a sustainable livelihood. we empower the girls so that when you empower them, they can have a voice and a future. the training takes three years. by the time they are through, we provide them with employment, the abilities to go to various countries. i want to be different. i want to do those things that women are running away from. i want to tell women to discover themselves. i want to tell women you have mo
educated women across brazil, russia, india and china, the so-called brick nations make up 30% to 50% of the total labor force in those places and also in some of these countries such as brazil, india, china and the united arab emirates, from 75% of women aspire to hold a top job. data show that currently 12% of board members at u.s. biggest firms are women and make 07 cents on the dollar compared to what men earn. in nigeria, some women are taking control of their futures in what we could call...
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May 13, 2011
05/11
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it would be -- they don't all fit, certainly not in the key markets of china and india which are the two largest. so we're working with six brands in china and five brands in india at the present time. >> but they demand a different type of brand structure? >> certainly they demand a brand. our north american hotel, suburban, clean hotel, drive-up, motel-type structures. over here, our court-yard is a full service. >> why bother with the so-called different brands and why not start merging them. it seems to me that one brand in the u.s. in europe is basically another brand here in asia. >> the reality is that all brands, ours and our competitors move up when you move to asia. the bar is much higher in asia. >> everywhere -- every bit costs everything, doesn't it. >> you're here for the construction, you know where the money went just to get supplies up here. just to get bricks, cement, mortar, this high up. you're nearly half a kilometer high here. and just that is obviously expennive. but all of the finishes here, all of the designs we're going to see, all by world famous designers,
it would be -- they don't all fit, certainly not in the key markets of china and india which are the two largest. so we're working with six brands in china and five brands in india at the present time. >> but they demand a different type of brand structure? >> certainly they demand a brand. our north american hotel, suburban, clean hotel, drive-up, motel-type structures. over here, our court-yard is a full service. >> why bother with the so-called different brands and why not...
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Nov 4, 2011
11/11
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we've had a head of state from india arriving and now we have other heads of state gathering there at the g20. >>> now, he may not have stolen the headlines from greece but the new head of the european central bank did make a splash on his first week on the job on thursday. former goldman sachs executive mar mario draghi. max foster has more on the man they're calling super mario. >> reporter: new leader, new direction. it made just two days for mario draghi to make an impact. >> the governing council decided to reduce the key ecb interest rates by 25 basis points. >> reporter: from wall street to rome and now to the top of european economics, mario draghi's career has lived up to his nickname, super mario. his biggest challenge yet, running europe's central bank. >> i'm honored to be considered a candidate for the presence of the ecb. >> reporter: mario draghi held a string of top jobs, including at goldman sachs and the world bank. in 2005 he game governor of the bank of italy. managing inflation was his goal. then the 2008 crisis hit and the rules changed. dealing with the banks be
we've had a head of state from india arriving and now we have other heads of state gathering there at the g20. >>> now, he may not have stolen the headlines from greece but the new head of the european central bank did make a splash on his first week on the job on thursday. former goldman sachs executive mar mario draghi. max foster has more on the man they're calling super mario. >> reporter: new leader, new direction. it made just two days for mario draghi to make an impact....
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Oct 19, 2011
10/11
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who believe that why should australia have to pay for a price on carbon when the big polluters, it's india, china and the united states? >> well, see, that's misunderstanding the actions that are happening around our world to cut carbon pollution, including being taken by the united states, by china and by india. i mean, we live in a nation where we generate more carbon pollution per population than anybody else in the developed world. and the real risk for us is that we get left behind with an old-fashioned economy that generates a lot of carbon pollution whilst the rest of the world moves on. so from an economic standpoint, we've got to start the transition to a cleaner energy future. from an environmental standpoint, i believe most australians say climate change is real. we are causing it. carbon pollution is causing it. and they want to do something to address that climate change. >> australian prime minister julia gillard speaking with our reporter. nina. >>> well, andrew, greece may not share the same economic circumstances as australia, but perhaps there is a little bit of a flicker
who believe that why should australia have to pay for a price on carbon when the big polluters, it's india, china and the united states? >> well, see, that's misunderstanding the actions that are happening around our world to cut carbon pollution, including being taken by the united states, by china and by india. i mean, we live in a nation where we generate more carbon pollution per population than anybody else in the developed world. and the real risk for us is that we get left behind...
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May 16, 2011
05/11
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be the ones that have growth and a slowing down of the inflation, which will probably be china and india again. it would be going back to the same sort of market we were in in june 2010. >> i can't let you go without asking your thoughts of the impact of dominique strauss-khan's arrest in new york. we heard up here in london, saying he thought it was the short-term impact. the shock of this rattling. and you? >> this is a key week for the european situation. we've got the second bailout package for greece being associated right now. it's certainly very regrettable. this is not something that we wanted. it undermines confidence at a time when the euro is falling anyway. as the dollar rises, because the dollar is a global funding currency around the world, that causes people to take money out of risky assets. >> you call that a short-term impact? >> pretty short-term. >> nina? >>> as authorities continue to piece together details about osama bin laden's life in abbottabad, many are wondering who was paying for it all? >>> welcome back. you're watching "world business today." >> gutsy and c
be the ones that have growth and a slowing down of the inflation, which will probably be china and india again. it would be going back to the same sort of market we were in in june 2010. >> i can't let you go without asking your thoughts of the impact of dominique strauss-khan's arrest in new york. we heard up here in london, saying he thought it was the short-term impact. the shock of this rattling. and you? >> this is a key week for the european situation. we've got the second...
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Oct 14, 2011
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add the other bric countries, brazil, russia and india and the tally is more than $4 trillion. if middle east sovereign funds are thrown into the pool, there's another $1.4 trillion. an imf executive board member says don't expect the taps to be opened on a grand scale. >> it doesn't mean you won't see isolated transactions or hear a lot of good words being spoken that will attempt to stabilize the markets. we haven't seen huge, tens, hundreds of balls of dollars of capital being redeployed as a result of some desire to stabilize the global system. >> isolated transaction include moves by the amir of qatar. china has held talks with italy and spain about the purchase of multibillion euro bond transactions but there are strings atachd. >> we have seen the chinese leadership in the past couple of weeks come out with a couple of statements about basically indicating, yes, we are going continue vest in european assets but there are a couple of conditions that we would like to see be met by europe and the united states. >> reporter: it's a buyer's market for those with surplus funds
add the other bric countries, brazil, russia and india and the tally is more than $4 trillion. if middle east sovereign funds are thrown into the pool, there's another $1.4 trillion. an imf executive board member says don't expect the taps to be opened on a grand scale. >> it doesn't mean you won't see isolated transactions or hear a lot of good words being spoken that will attempt to stabilize the markets. we haven't seen huge, tens, hundreds of balls of dollars of capital being...
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Sep 19, 2011
09/11
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people talking about inflation yet again, inflation another issue in india. look across the region. lots to be concerned about and not too much to be happy about, charles. >> indeed, well, it's our look at wall street now and lower open when trading begins monday off by 1.5 to nearly 2% for the s&p 500 in terms of the u.s. futures but obviously we've got five hours still to go before that but it does seem like we're going to be seeing a lower open. well, investors certainly eager to find out whether the federal reserve will or won't introduce new u.s. stimulus measures. that could make a very big difference and that's part of the look ahead on wall street. >> the federal reserve looks ahead to the economy and questions are being answered before the senate. i'm karina huber at the new york stock exchange. the fed is hoping for positive news. since the fed's last meeting stocks have taken numerous hits in the wake of the european debt crisis and the senate judiciary committee holds a meeting to examine google's dominance online and whether it used anti-competitive behavior to hurt riv
people talking about inflation yet again, inflation another issue in india. look across the region. lots to be concerned about and not too much to be happy about, charles. >> indeed, well, it's our look at wall street now and lower open when trading begins monday off by 1.5 to nearly 2% for the s&p 500 in terms of the u.s. futures but obviously we've got five hours still to go before that but it does seem like we're going to be seeing a lower open. well, investors certainly eager to...
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Mar 10, 2011
03/11
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. >> reporter: in 2007, allegations that young children in india were being used by contractors to gap, inc., threatened its image. gap fired the contractor. >> in the mid-90s there were very few businesses that had codes of conduct that were a supply chain. you think about today, there are over 10,000 codes of conduct that have been developed. and it's really become sort of a thing that you need to do if you're a big global company. >> reporter: the biggest problem companies face have sprung from rapid globalization. supply chains stretch far and wide. >> we do business, i think, dan, you tell me the other day, in 1,500 factories. we don't own any of those factories. we contract with factory owners. and those factory owners are interested in making a high-quality product at a fair price. but they're also interested in making profit. so we try to deal with factories who we can trust, when they tell us they're make all the garments in that plant. we can -- we hope to be able to trust them, but we still have to verify. so i think in terms of perfection, while we all might aspire to perfe
. >> reporter: in 2007, allegations that young children in india were being used by contractors to gap, inc., threatened its image. gap fired the contractor. >> in the mid-90s there were very few businesses that had codes of conduct that were a supply chain. you think about today, there are over 10,000 codes of conduct that have been developed. and it's really become sort of a thing that you need to do if you're a big global company. >> reporter: the biggest problem companies...
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Sep 7, 2011
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. >>> the top stories, in india, at least four people are dead and another 24 injured in a blast. officials are calling it a terrorist attack by an unknown group carried out with a homemade ammonium night trait bomb. experts are on on the scene and police have cordoned off the area. >>> there's been a bombing in the city of qatar. the senior police official says 11 were killed when a suicide bomber blew himself up. another 20 were bounded. the city has seen many attacks in a taliban cam been it destabilize the government. talks to hand over control of a lebian town have seem to have broken down. reb be forces surrounding bani walid say gadhafi supporters have until saturday to surrender. >>> four have been killed in mastiff wildfires burning in texas. more than 700 homes have been destroyed. the largest fire is this one near the city of austin. winds died down enough tuesday to allow teams to go in and check out some of the damage to the areas. those are the top stories from cnn, the world news leader. i'm zain verjee and "world business today" starts now. >>> good morning from cn
. >>> the top stories, in india, at least four people are dead and another 24 injured in a blast. officials are calling it a terrorist attack by an unknown group carried out with a homemade ammonium night trait bomb. experts are on on the scene and police have cordoned off the area. >>> there's been a bombing in the city of qatar. the senior police official says 11 were killed when a suicide bomber blew himself up. another 20 were bounded. the city has seen many attacks in a...